YEARLY HIGH
0.4670 ZAR
YEARLY LOW
0.3720 ZAR
YEARLY AVERAGE
0.4140 ZAR

2016 MUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.4670. Conversely, the yearly low was recorded on November 8, dropping to 0.3720.

This high-to-low spread represents a total annual volatility of 0.0950 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4515 to the December average rate of 0.3858, the exchange rate registered a net change of -14.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4670 was up 5.88% compared to the 2015 peak of 0.4411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 2,335 ZAR
2015 Average 1,818 ZAR
Yearly Trough Low 1,860 ZAR
Transaction Impact: A difference of 475.25 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4581
0.3792
JanuMarcMayJulySeptNove

MUR to ZAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4336, compared to 0.3943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0393 points.

H1 Avg (Jan–Jun) 0.4336
H2 Avg (Jul–Dec) 0.3943

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0431 ZAR (High: 0.4481 / Low: 0.4050). On the other end, December was the most stable month, with a tight range of 0.0163 ZAR (High: 0.3926 / Low: 0.3763).

May Spread (Volatile) ±0.0431
December Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0185 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4515) against the same month in 2015 (average: 0.3583), the exchange rate shifted by +0.0932 (+26.01%).

2016 Avg (January) 0.4515
2015 Avg (January) 0.3583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4670 0.4315 0.4515
February 0.4512 0.4280 0.4421
March 0.4443 0.4188 0.4316
April 0.4343 0.4059 0.4163
May 0.4481 0.4050 0.4351
June 0.4399 0.4081 0.4252
July 0.4187 0.3931 0.4067
August 0.4164 0.3794 0.3921
September 0.4146 0.3829 0.3992
October 0.4015 0.3782 0.3914
November 0.4043 0.3720 0.3908
December 0.3926 0.3763 0.3858